A demat account is similar to a bank account. In a bank account, we hold money electronically, but in a demat account, we electronically hold shares. According to the Securities and Exchange Board of India, a demat account is mandatory for trading shares in India. In the last few decades, this concept has solved many problems of brokers and investors. Those investors who used to get burdened with the reams of stock certificates, for them, demat account is a necessity. By using a demat account, you can easily buy or sell stocks of different companies. Moreover, a demat account is a convenient and safe means of holding securities just like…

Mutual funds have been a very popular choice of investment for many decades. And with good reason, as they are affordable, easier, and more accessible investment option for people who are not that adept to risk it in the stock market. They say time is money. So let’s not waste precious time and head right on to the multiple benefits of investing in mutual funds in India: • Diversification: Asset diversification is basically mixing different investment options within a portfolio to minimize risks. However, diversification is often costly for an individual investor. A better option would be to invest in different mutual funds from different sectors of the economy for a…